Materials by tag Travel

The engines of electric scooters are now available and ready to move through the streets of the major Italian cities, with Milan in the lead. Milan is the capital of Lombardy in northern Italy; has been an international center of trade and industry since the Middle Ages. The go-ahead for the launch of sharing services for this kind of vehicles is anticipated in few weeks, before January ends, after the amendment to the Budget Law sanctioned by the Chamber last month, that enforces a ministerial decree to regulate the Infrastructure and Transport Ministry the potential of testing on the road routes.

Singapore – The hospitality sector is the second largest contributor to the global travel industry and it is currently dominated by online travel agents. OTA's generate around 70% of online hotel bookings and this has impacted hotel's direct bookings, profit margins and loyalty programs.

A new cryptocurrency hub has appeared in an Australian beach town called Agnes Water. Despite its small area, the town claims itself to be the country’s first ‘digital currency town’. To attract more tourists, almost all local businesses started to accept virtual coins, as a payment option.

BlockchainMix - a hybrid of blockchain, augmented reality (AR) and virtual reality (VR) - appeared as a term in late 2017 at a conference in New York initiated by Arcona, a new project seeking to shape reality around the globe. Many signals suggest that 2018 could be the best year yet for this new trend, with the travel industry at the forefront of these emerging technologies.

Today, the founders of TravelFlex cryptocurrency announced, that the ICO of the project will continue until 12th January 2018 23:59 GMT. TravelFlex is a product for global travelers, based in blockchain technologies, developed by a Hong Kong based company.

Venezuela has an unstable economy and its currency has been hit by inflation beyond 1000%. Destinia, a Venezuelan online travel agency, will now only accept Bitcoin for payment for its services citing “increasing restrictions” and economic woes in the country.

One of the leading online travel agencies in Australia and New Zealand, Webjet, and technology giant Microsoft have announced the launch of a first-of-the-kind proof-of-concept (PoC) solution based on Blockchain technology and designed to transform the travel industry.